CBMT(SH:603099) Xin Lang Cai Jing·2025-11-21 01:25Core Viewpoint - Changbai Mountain's stock experienced a decline of 3.22% on November 20, with a trading volume of 872 million yuan, indicating potential market volatility and investor sentiment concerns [1] Financing Summary - On November 20, Changbai Mountain had a financing buy-in amount of 82.41 million yuan and a financing repayment of 78.71 million yuan, resulting in a net financing buy of 3.70 million yuan [1] - As of November 20, the total financing and securities lending balance for Changbai Mountain was 388 million yuan, with the financing balance of 387 million yuan accounting for 2.79% of the circulating market value, which is above the 90th percentile of the past year [1] - The securities lending aspect showed no shares were repaid or sold on November 20, with a remaining securities lending volume of 16,500 shares and a balance of 858,000 yuan, also above the 90th percentile of the past year [1] Business Performance Summary - As of September 30, the number of shareholders for Changbai Mountain reached 45,900, an increase of 25.35%, while the average circulating shares per person decreased by 20.23% to 5,814 shares [2] - For the period from January to September 2025, Changbai Mountain reported an operating income of 636 million yuan, a year-on-year increase of 6.99%, and a net profit attributable to the parent company of 149 million yuan, up 1.05% year-on-year [2] - Since its A-share listing, Changbai Mountain has distributed a total of 144 million yuan in dividends, with 42.53 million yuan distributed over the past three years [2] Institutional Holdings Summary - As of September 30, 2025, Hong Kong Central Clearing Limited was the fourth-largest circulating shareholder of Changbai Mountain, holding 2.7464 million shares, an increase of 1.7474 million shares from the previous period [2] - The top five circulating shareholders also included the Fortune CSI Tourism Theme ETF and the Southern CSI 1000 ETF, with notable changes in their holdings [2]